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Stakeholder and Wall Street had high expectations of the company progress. However, five years later in an endlessly decline, Krispy Kreme stock was trading at $7.45 a share (Investment Dealers' Digest, 2005).
Before Krispy Kreme when public the sweet tasting donuts could only be bought from one of the few local Krispy Kreme shops. After the company went public, it seem like you could buy the sweet tasting donuts at any grocery or convenient store. The once difficult to get to donut was now easily found just about anywhere. Consumers no longer had travel across town to get them hot sweet glazed donuts or do the quick u-turn traffic when they see the Krispy Kreme "Hot Donut" light on...
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